T. Rowe Price Spectrum Moderate Growth Allocation Fund (TRSGX)
| Fund Assets | 4.18B |
| Expense Ratio | 0.78% |
| Min. Investment | $2,500 |
| Turnover | 44.60% |
| Dividend (ttm) | 2.85 |
| Dividend Yield | 6.42% |
| Dividend Growth | 12.95% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 44.20 |
| YTD Return | 3.97% |
| 1-Year Return | 17.71% |
| 5-Year Return | 39.81% |
| 52-Week Low | 33.24 |
| 52-Week High | 44.68 |
| Beta (5Y) | 0.79 |
| Holdings | 1775 |
| Inception Date | Jul 29, 1994 |
About TRSGX
T. Rowe Price Spectrum Moderate Growth Allocation Fund is an open-end mutual fund that pursues a balanced investment approach with a primary focus on capital growth and a secondary goal of income generation. The fund achieves its objectives by investing in a diversified mix of asset classes, typically allocating about 80% to stocks, 16% to bonds, money market instruments, and cash reserves, and 4% to alternative investments such as real assets and hedge funds. Its strategy may adjust these allocations within defined ranges to respond to economic and market conditions, reflecting a moderately aggressive risk profile suited for long-term investors seeking growth and moderate income. With total assets exceeding $3.6 billion and a long history since its inception in 1994, the fund draws from a broad array of underlying T. Rowe Price funds and individual securities, including significant holdings in technology and global equity markets. Its portfolio is managed by an experienced team and regularly rebalanced to maintain alignment with its investment mandate. The fund’s expense ratio remains competitive for its category and it has received consistent recognition within the moderately aggressive allocation peer group. This approach positions the fund as a core allocation option for investors seeking diversified exposure to both growth and income across global markets.
Performance
TRSGX had a total return of 17.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.37%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VGWLX | Vanguard | Vanguard Global Wellington Fund Investor Shares | 0.48% |
| VGSTX | Vanguard | Vanguard Star Fund Investor Shares | 0.30% |
| VASGX | Vanguard | Vanguard LifeStrategy Growth Fund Investor Shares | 0.14% |
| VWELX | Vanguard | Vanguard Wellington Fund Investor Shares | 0.25% |
| VSMGX | Vanguard | Vanguard LifeStrategy Moderate Growth Fund Investor Shares | 0.13% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TGIPX | -i Class | 0.64% |
Top 10 Holdings
33.04% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Institutional Emerging Markets Equity Fund | IEMFX | 6.37% |
| T. Rowe Price Real Assets Fund I Class | PRIKX | 4.98% |
| Blackstone Partners Offshore Fund | n/a | 3.71% |
| NVIDIA Corporation | NVDA | 3.34% |
| T. Rowe Price Gov. Reserve | TRPGRIA | 3.28% |
| Microsoft Corporation | MSFT | 2.99% |
| Apple Inc. | AAPL | 2.43% |
| T. Rowe Price International Bond Fund (USD Hedged) I Class | TNBMX | 2.31% |
| Alphabet Inc. | GOOG | 1.97% |
| T. Rowe Price U.S. Treasury Long-Term Index Fund I Class | PRUUX | 1.68% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $2.8452 | Dec 18, 2025 |
| Dec 18, 2024 | $2.5189 | Dec 19, 2024 |
| Dec 19, 2023 | $0.675 | Dec 20, 2023 |
| Dec 19, 2022 | $2.4155 | Dec 20, 2022 |
| Dec 13, 2021 | $3.980 | Dec 14, 2021 |
| Dec 11, 2020 | $1.060 | Dec 14, 2020 |